Initial Projection definition

Initial Projection means the Projection delivered pursuant to Clause 4.1 (Initial conditions precedent). "Insolvency Event" in relation to a Finance Party means that the Finance Party:
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Initial Projection means in relation to the Initial Borrowing Base Assets, the relevant Projection described in paragraph 7(n) of Part I of Schedule 2 (Conditions Precedent to Initial Utilisation), which is delivered to the Agent pursuant to Clause 4.1 (Initial conditions precedent), such Projection to be based on the principles set out in Clause 6.3 (Key principles).
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Initial Projection means the Projection delivered pursuant to Clause 4 (Conditions of Utilisation).
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Examples of Initial Projection in a sentence

  • What is new in this paper is the combination of Density Matrix Realism with the Past Hypothesis in forming the Initial Projection Hypothesis (§2.2.2) and the argument for the Humean Unification based on that.

  • A Flight Attendant who suffers a loss of time or trades down below this reduced Initial Projection shall be subject to balance in accordance with the terms of this Article.

  • The Humean unification is based on a new theoretical possibility opened up by the conjunction of Density Matrix Realism and the Initial Projection Hypothesis.

  • The W-Everettian theory that we considered in §3.2 combined with the Initial Projection Hypothesis is a theory that satisfies strong determinism (Penrose (1989)).

  • The Initial Projection reflects NIP historical and additional needs, summarized in Subsection 5.1 from the NIP Strategy Document for 2001-05.

  • In §3, we review the Mentaculus theory, a promising and concrete theory of quantum statistical mechanics, and we construct a new theory called the Wentaculus that makes central use of density matrices and a new law called the Initial Projection Hypothesis that replaces the Past Hypothesis.

  • The Initial Projection features a relatively large financing gap and a relatively low reliability of program allocations (Subsection 5.3).

  • PH selects the initial wave function to be one of the wave functions Figure 1: The expected growth of entropy under the Initial Projection Hypothesis (IPH) and the density-matrix dynamics.

  • In this paper, I replace it with the Initial Projection Hypothesis (IPH) and construct a new class of density-matrix- realist quantum theories—WIPH-theories, or the Wentaculus.

  • The Revised Projection features the same aggregate amount of NIP expenditures as the Initial Projection but strengthened with more reliable allocations and reduced financing gap.


More Definitions of Initial Projection

Initial Projection has the meaning given to that term in Clause 7.1 (Adoption).
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Related to Initial Projection

  • Annual Projections is defined in Section 6.2(a).

  • Base Case Projections means the initial forecast for the Project prepared as of the Effective Date using the Base Case Financial Model.

  • Financial Projections has the meaning provided in Section 5.07(b).

  • Projection means prospective financial statements that present, to the best of the responsible party’s knowledge and belief given one or more hypothetical assumptions, an entity’s expected financial position, results of operations, and changes in financial position or cash flows that are based on the responsible party’s assumptions reflecting conditions it expects would exist and the course of action it expects would be taken given such hypothetical assumptions.

  • Projections as defined in Section 6.2(c).

  • Latest Projections means: (a) on the Closing Date and thereafter until the Agent receives new projections pursuant to Section 7.2(f), the projections of the Borrower’s financial condition, results of operations, and cash flows, for the period commencing on April 1, 2009 and ending on March 31, 2010 and delivered to the Agent prior to the Closing Date; and (b) thereafter, the projections most recently received by the Agent pursuant to Section 7.2(f).

  • Initial Engineering Report means the engineering report concerning Oil and Gas Properties of Loan Parties dated as of June 30, 2016, prepared internally by the Borrower.

  • Initial Budget has the meaning set forth in Section 7.06(a).

  • Business Plan means the information required to be supplied to the

  • Budget means a resource, expressed in financial terms, proposed by the Board for the purpose of carrying out, for a specific period, any or all of the functions of the Trust.

  • Cash Flow Forecast means a 13-week cash flow forecast for the then applicable period, which shall include, among other things, anticipated cash collections and receipts and anticipated disbursements for each calendar week covered thereby.

  • Material Project EBITDA Adjustments means, with respect to each Material Project:

  • Independent Engineering Report means a report, in form and substance satisfactory to the Administrative Agent and each of the Lenders, prepared by an Independent Engineer, addressed to the Administrative Agent and the Lenders with respect to the Oil and Gas Properties owned by the Borrower or its Subsidiaries (or to be acquired by the Borrower or any of its Subsidiaries, as applicable) which are or are to be included in the Borrowing Base, which report shall (a) specify the location, quantity, and type of the estimated Proven Reserves attributable to such Oil and Gas Properties, (b) contain a projection of the rate of production of such Oil and Gas Properties, (c) contain an estimate of the net operating revenues to be derived from the production and sale of Hydrocarbons from such Proven Reserves based on product price and cost escalation assumptions specified by the Administrative Agent and the Lenders, and (d) contain such other information as is customarily obtained from and provided in such reports or is otherwise reasonably requested by the Administrative Agent or any Lender.

  • BASE budget means the minimum general fund budget of a district, which includes 80% of the basic

  • Reserve Report means a report, in form and substance reasonably satisfactory to the Administrative Agent, setting forth, as of each January 1st or July 1st (or such other date in the event of an Interim Redetermination) the oil and gas reserves attributable to the Oil and Gas Properties of the Borrower and its Subsidiaries, together with a projection of the rate of production and future net income, taxes, operating expenses and capital expenditures with respect thereto as of such date, based upon the economic assumptions consistent with the Administrative Agent’s lending requirements at the time.

  • Phase I Report means, with respect to any Facility, a report that (i) conforms to the ASTM Standard Practice for Environmental Site Assessments: Phase I Environmental Site Assessment Process, E 1527, (ii) was conducted no more than six months prior to the date such report is required to be delivered hereunder, by one or more environmental consulting firms reasonably satisfactory to Administrative Agent, (iii) includes an assessment of asbestos-containing materials at such Facility, (iv) is accompanied by (a) an estimate of the reasonable worst-case cost of investigating and remediating any Hazardous Materials Activity identified in the Phase I Report as giving rise to an actual or potential material violation of any Environmental Law or as presenting a material risk of giving rise to a material Environmental Claim, and (b) a current compliance audit setting forth an assessment of Holdings’, its Subsidiaries’ and such Facility’s current and past compliance with Environmental Laws and an estimate of the cost of rectifying any non-compliance with current Environmental Laws identified therein and the cost of compliance with reasonably anticipated future Environmental Laws identified therein.

  • Operating Budget has the meaning given in Section 3.11(a).

  • Annual Budget means the operating budget, including all planned capital expenditures, for the Property prepared by Borrower for the applicable Fiscal Year or other period.

  • Estimates means annual estimates or supplementary estimates;

  • Engineering Report means either an Independent Engineering Report or an Internal Engineering Report.

  • Project Budget means the budget and project description included in the grant application. The Project Budget must succinctly describe all major elements of project work, the estimated cost of each, and clearly allocate requested grant funding and match contributions to each.

  • Forecasts means the quantity of Items or Services that Buyer reasonably anticipates it may purchase during a specified time.

  • service delivery and budget implementation plan means a detailed plan approved by the mayor of a municipality in terms of section 53(1) (c) (ii) for implementing the municipality’s delivery of municipal services and its annual budget.

  • Approved Project Budget means the most recent statement, approved by the FTA, of the costs of the Project, the maximum amount of Federal assistance for which the TJPA is currently eligible, the specific tasks (including specified contingencies) covered, and the estimated cost of each task.

  • Forecast means the hourly forecast of (a) the total electric energy production of the Generating Facility (in MWh) when the Generating Facility is not PIRP-eligible or Buyer is not Scheduling Coordinator net of the Site Host Load and Station Use, or (b) the available total generation capacity of the Generating Facility (in MW) when the Generating Facility is PIRP-eligible and Buyer is Scheduling Coordinator net of the Site Host Load and Station Use.

  • Project Implementation Unit or “PIU” means the unit referred to in Section I.A.1 of Schedule 2 to this Agreement.